Smithland is a nation with a traditional economy. economic decisions in smithland are based on

The answer is, economic decisions in Smithland are based on "customs of the past".

Traditional economy refers to an original economic system or framework in which customs, traditions, and convictions help shape the merchandise and the administrations the economy produces, and additionally the principles and way of their circulation. Nations that utilize this kind of financial framework are often rural and farm-based.

Take deep breaths and try to calm yourself down